SalaryNode

Average Sales Managers Salary in Peoria, IL

Sales Managers in Peoria, IL, earn an average annual salary of $146,370. This figure is slightly below the national average of $161,040, suggesting that while Peoria offers a stable market, compensation may be influenced by regional economic factors and the specific industry demands within the area.

Executive Summary

  • Average Salary: $146,370 per year.
  • Growth Trend: Salaries have shifted 26.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $219,555.
  • Outlook: Peoria, IL, hosts a dedicated workforce of 590 Sales Managers, indicating a substantial local presence in this field. The Location Quotient of 0.92 suggests that the concentration of Sales Managers in Peoria is nearly on par with the national average, signifying a consistent and stable demand for these professionals within the region's economic landscape.
2024 Market Data

Salary Overview

$146,370

The average Sales Managers in Peoria, IL earns-9.1%below the national average.

BreakdownBased on 40h/week
Hourly

$70.4

Weekly

$2,815

Monthly

$12,198

Sales Managers Salary Distribution in Peoria, IL

The career trajectory for Sales Managers in Peoria, IL, typically shows a significant salary increase with experience. Entry-level positions might start in the lower percentiles, while seasoned professionals with a proven track record can command salaries in the upper percentiles, often exceeding $180,000. These percentile gaps highlight the substantial rewards for career progression and demonstrated success in sales leadership.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$71,090$34.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$109,778$52.8
ManagerOversees team, compliance, and project delivery.50% (Median)$126,960$61
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$182,963$88
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$219,555$105.6

Detailed Sales Managers Market Analysis

Relocation Context

Nominal Salary

$146,370

Gross Pay

Real Wage (Purchasing Power)

$146,370

Adjusted for COL (100)

With an average annual salary of $146,370 and a Cost of Living Index of 100, Sales Managers in Peoria, IL, find their nominal earnings directly align with the national average cost of living. This means that the purchasing power of their salary in Peoria is comparable to the national average, offering a stable financial environment for residents.

Job Market Context

590

Total Jobs

3.599

Per 1K Jobs

0.92

Location Quotient

Below Average

Peoria, IL has 0.92x the national average concentration of Sales Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.92 for Sales Managers in Peoria, IL, indicates a job market that is closely aligned with national employment concentrations. This suggests a healthy and competitive environment where the demand for Sales Managers is present but not disproportionately high compared to other regions, offering a balanced outlook for job seekers and employers.

Nearby Job Markets

Nearby Cities for Sales Managers

CitySalaryDist.
Bloomington, IL Sales Managers Salary$166,830↑ 14%39 mi
West Central Illinois nonmetropolitan area Sales Managers Salary$157,930↑ 8%43 mi
East Central Illinois nonmetropolitan area Sales Managers Salary$143,520↓ 2%43 mi
Northwest Illinois nonmetropolitan area Sales Managers Salary$139,030↓ 5%43 mi
South Illinois nonmetropolitan area Sales Managers Salary$132,310↓ 10%43 mi

Comparing salaries near Peoria, IL

Hiring Sales Managerss?

Frequently Asked Questions

How much does a Sales Managers make in Peoria, IL?

The median annual salary for a Sales Managers in Peoria, IL is $146,370. This typically ranges from $71,090 for entry-level positions to $219,555 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Peoria, IL is 9.1% lower than the national median of $161,040.

Is Peoria, IL a lucrative place for Sales Managers?

Yes, with caveats.Sales Managers in Peoria earn a competitive $146,370, which aligns with the national average cost of living. While below the national salary average, the stable job market and cost of living make it a financially sound location.

Is Peoria, IL a good place to live for Sales Managers?

The Cost of Living Index in Peoria, IL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Peoria, IL?

Some top paying nearby cities include Bloomington, IL ($166,830) and West Central Illinois nonmetropolitan area.

What is the average salary for a Sales Manager in Peoria, IL?

The average annual salary for a Sales Manager in Peoria, IL, is $146,370.

How does Peoria's cost of living compare to the national average?

Peoria, IL, has a Cost of Living Index of 100, which is exactly the national average.

Is the job market for Sales Managers strong in Peoria?

With a Location Quotient of 0.92 and a local workforce of 590, the market is stable and nearly mirrors national concentrations, indicating consistent demand.

How much more can an experienced Sales Manager earn in Peoria?

Experienced Sales Managers can expect significantly higher salaries, potentially reaching into the upper percentiles, well above the average, reflecting their value and contribution.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 590 employees in the Peoria, IL area with a job density of 3.599 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Sales Managers • Data source: BLS OEWS 2024 •Jobs in Peoria, IL